Safe and Smart Federal Purchasing Act

HR 856, the Safe and Smart Federal Purchasing Act, requires the Director of the Office of Management and Budget (OMB) to review whether the federal government's "lowest price technically acceptable" procurement method creates national security risks for Defense and Civilian agencies. The review must assess practices under Federal Acquisition Regulation section 15.101-2 and be completed within 180 days of the bill's enactment. OMB must then submit a report to the House Oversight Committee and Senate Homeland Security Committee detailing the findings. This bill does not change procurement rules but mandates a review of an existing process affecting federal agency purchasing decisions.